Benefits of donor-advised funds

– When you donate appreciated securities to a donor-advised fund, you may immediately deduct the fair market value from your taxes without any capital gains liability.

– You may name account advisers who recommend grants from your account and select successors to continue charitable giving after your death.

– Tax advantages from donations can be achieved immediately and grants can be recommended to charities later. Donor-advised funds help eliminate the year-end pressure to select a charity and make a grant.